Wycliffe Associates Inc.

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 7/12/2021. To update the information in this column, please email: info@ministrywatch.com


Summary

Because of the work of national Bible translators supported by faithful donors, prayer partners, and volunteers, people are hearing the truth.


Contact information

Mailing address:
Wycliffe Associates Inc.
P.O. Box 620143
Orlando, FL 32862

Website: https://wycliffeassociates.org/

Phone: 1.800.843.9673

Email: web@wycliffeassociates.org


Organization details

EIN: 952584324

CEO/President: Semoun Ung

Chairman: Linda Allen

Board size: 7

Founder: Mr. Cameron Townsend

Year founded: 1995

Tax deductible: Yes

Fiscal year end: 09/30

Member of ECFA: No

Member of ECFA since:


Purpose

Today, we empower and equip national Bible translators-native speakers-to translate Scripture into their heart language using resources and tools provided through Bible translation workshops under the guidance and authority of the local church. Because these national Bible translators are native language speakers-and they are using resources and tools created by linguists and software specialists-they are able to complete translation of the Scriptures quickly and accurately!

Around the world, word is spreading that Church Owned Bible Translation is the way for all people groups to have God's Word in their language and share the truth with their neighbors.


Mission statement

Wycliffe Associates accelerates the work of Church Owned Bible Translation by empowering national Bible translators to provide God's Word in their own heart language; partnering with the local church to guide and guard translation work, harnessing their passion and desire for God's Word; and engaging people from around the world to provide resources, technology, training, and support for Bible translation. Because millions of people around the world still wait to have the Scriptures in the language of their heart, Wycliffe Associates is working as quickly as we can to see every verse of God's Word translated into every tongue to speak to every heart. We are directly involved with speeding Bible translation by providing technology, training, resources, logistics, networking, expertise, volunteers, and support. By empowering Mother Tongue Translators and the local church around the world, we are striving to achieve the goal of having a Bible in every language.


Statement of faith

At Wycliffe Associates, God's Word is central to everything we do. Our Core Beliefs are drawn from the teachings of the Holy Bible. In that spirit, we adhere to the following truths:

The divine inspiration and consequent authority of the whole canonical Scriptures. The doctrine of the Trinity. The fall of man, his consequent moral depravity, and his need for regeneration. The atonement through the substitutionary death of Christ. The doctrine of justification by faith. The resurrection of the body, in the case of the just and the unjust. The eternal life of the saved and the eternal punishment of the lost.

Articles

2/15/2021Ministries Making a Difference Reconciliation Ministries, Keys for Kids Ministries, Wycliffe Associates, Samaritan's Purse
6/3/2020The Bible Translation Industry Is At A Crossroads

Transparency grade

D

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Bible Translation Organizations

CategoryRatingOverall rankSector rank
Overall efficiency rating500 of 9139 of 15
Fund acquisition rating723 of 91512 of 15
Resource allocation rating556 of 9159 of 15
Asset utilization rating152 of 9134 of 15

Financial ratios

Funding ratiosSector median20192018200420032002
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%15%19%39%37%47%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
8%15%18%28%28%29%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%99%97%71%76%61%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
9%15%17%28%26%30%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%1%3%29%24%39%
 
Operating ratiosSector median20192018200420032002
Program expense ratio Program expense ratio =
Program services /
Total expenses
80%80%76%60%60%58%
Spending ratio Spending ratio =
Total expenses /
Total revenue
94%96%106%101%105%97%
Program output ratio Program output ratio =
Program services /
Total revenue
77%77%80%61%63%56%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
6%4%-6%-1%-5%3%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
11%11%-12%-4%-15%8%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%5%7%12%13%12%
 
Investing ratiosSector median20192018200420032002
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.862.332.202.852.692.23
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.461.181.231.341.171.12
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.762.742.703.823.132.51
 
Liquidity ratiosSector median20192018200420032002
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.7023.9319.324.557.058.09
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.090.040.050.220.140.12
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.064.204.222.453.284.19
 
Solvency ratiosSector median20192018200420032002
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
14%4%4%16%12%11%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
85%41%44%29%33%40%

Financials

Balance sheet
 
Assets20192018200420032002
Cash$3,977,896$4,846,898$1,951,611$2,421,930$70,093
Receivables, inventories, prepaids$0$0$198,648$89,098$14,452
Short-term investments$13,183,825$9,890,179$0$0$0
Other current assets$0$0$143,128$95,011$2,986,989
Total current assets$17,161,721$14,737,077$2,293,387$2,606,039$3,071,534
Long-term investments$0$0$367,000$0$0
Fixed assets$1,668,821$1,625,713$414,681$436,017$0
Other long-term assets$1,342,618$1,699,785$0$0$379,700
Total long-term assets$3,011,439$3,325,498$781,681$436,017$379,700
Total assets$20,173,160$18,062,575$3,075,068$3,042,056$3,451,234
 
Liabilities20192018200420032002
Payables and accrued expenses$717,047$762,740$385,893$313,028$278,145
Other current liabilities$0$0$117,808$56,816$101,655
Total current liabilities$717,047$762,740$503,701$369,844$379,800
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$0$0$0$0
Total liabilities$717,047$762,740$503,701$369,844$379,800
 
Net assets20192018200420032002
Without donor restrictions$14,372,144$13,583,198$1,349,105$1,484,062$1,489,815
With donor restrictions$5,083,969$3,716,637$1,222,262$1,188,150$1,581,619
Net assets$19,456,113$17,299,835$2,571,367$2,672,212$3,071,434
 
Revenues and expenses
 
Revenue20192018200420032002
Total contributions$48,463,714$36,611,658$6,150,192$5,915,497$4,829,857
Program service revenue$0$0$1,565,443$1,067,700$2,116,072
Membership dues$0$0$0$0$0
Investment income$604,846$359,854$117,340$158,377$203,038
Other revenue$66,196$673,426$827,827$628,454$810,583
Total other revenue$671,042$1,033,280$2,510,610$1,854,531$3,129,693
Total revenue$49,134,756$37,644,938$8,660,802$7,770,028$7,959,550
 
Expenses20192018200420032002
Program services$37,688,222$30,060,864$5,255,642$4,929,924$4,464,087
Management and general$2,163,089$2,901,195$1,081,792$1,078,714$953,547
Fundraising$7,127,167$6,781,543$2,424,213$2,160,612$2,285,527
Total expenses$46,978,478$39,743,602$8,761,647$8,169,250$7,703,161
 
Change in net assets20192018200420032002
Surplus (deficit)$2,156,278($2,098,664)($100,845)($399,222)$256,389
Other changes in net assets$0$0$0$0$0
Total change in net assets$2,156,278($2,098,664)($100,845)($399,222)$256,389

Compensation

Compensation data for this ministry has not been collected.


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 7/12/2021. To update the information below, please email: info@ministrywatch.com


History

In 1967, Bill Butler, Dale Kietzman, and Rudy Renfer-friends of Bible translators who were deeply concerned with the future of Bible translation - discovered that translators were spending an increasing amount of their time on tasks unrelated to translation, like accounting, building maintenance, and more. They also noticed that Christian business professionals with a heart for service and a wide variety of skills could volunteer and accelerate Bible translation, freeing up thousands of hours of translation time each year.

Knowing hundreds of millions of people were still waiting for God's Word in their own language, they committed to giving these people access to the truth of the gospel, so they could know the God who loves them and desires a relationship with them.

That year, they founded Wycliffe Associates.

Since then, the generosity of Bible translation supporters has allowed us to expand our services to Bible translators to include advanced technology, efficient translation strategies, greater financial resources, and logistical and operational support. Wycliffe Associates empowers national Bible translators under the authority of the local church in each community. Together with our donors and prayer partners, we are following God's call to accelerate Bible translation in the most remote, most antagonistic parts of the world.

In 2014, Wycliffe Associates developed and tested a revolutionary Bible translation methodology, MAST-Mobilized Assistance Supporting Translation. MAST equips national translators to quickly and accurately translate the Bible under the guidance of the local church and to bring God's Word to their own people.


Program accomplishments

Currently accelerating the work of Bible translation in 68 countries

Installed 549 Bible Translation Acceleration Kits (BTAKs) in 48 countries for 793 language communities since started installing BTAKs

6,523 Tablets for National Translators (TNTs) were distributed in 67 countries to date

1,299 Bible Translation Recording Kits (BTRKs) were distributed since the program first started

131 Print On Demand (POD) systems have been deployed around the world to date

Improved hundreds of facilities for Bible translation around the world


Needs

Despite these incredible strides, hundreds of millions of people still are waiting to read God's Word in their heart language. With the dedicated support of Wycliffe Associates donors, volunteers, and partners, national Bible translators around the world are working through the local church to ensure that we will have a Bible in every language.

Continually advancing technology and increased support means this massive goal is well within reach, but to accomplish it these Bible translators need your help!